Birdwatch Note Rating
2023-05-07 07:17:38 UTC - NOT_HELPFUL
Rated by Participant: 9AD595B701167DE73F25FC67E8E758737FE297EB40C6B14DFA15EAE009148C91
Participant Details
Original Note:
Those who spend less than they make pay their bills. Those that spend more than they make accumulate debt which, if left unchecked, can lead to defaulting on loans and legal action from creditors. Good financial principles suggest a country should align with the 1st group https://www.cato.org/blog/debt-limit-high-costs-debt#:~:text=High%20and%20rising%20debt%20slows,bonds%20and%20the%20U.S.%20dollar. https://www.cbo.gov/publication/59119
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